metatrader4 mt4 metatrader5 mt5 online trading platforms

MT4 is a popular, advanced and easily accessible trading platform.

As one of the largest MT4 brokers in the world, large part of Online Brokers provide you with a unique trading experience.

What are the Key features?

There is a number of features of MT4 as follows:

  • EA capability
  • Customized High leverage for Forex and CFDs
  • Forex, precious metals and CFDs
  • MT4 is available in 30 languages
  • Free MT4 iOS and Android apps
  • Trade on both PC (MS Windows) and Mac (OS X)

1. Trade Forex, precious metals and CFDs

Diversification may be part of your risk management strategy and that is why they offer multiple products and instruments on MT4.

You can trade Forex Currency Pairs, Precious Metals as well as a range of index and commodity CFDs with hundreds of brokers.

2. Automate your trading with Expert Advisors

Choose how you want to trade and implement your strategies on MT4 by applying Expert Advisers (EAs) for trade automation.

As generally MT4 has no restrictions on EAs, so you can back-test and optimize your EAs until you’re satisfied with their performance, and then automate your trading.

3. Make informed decisions in real-time

The MT4 platform, or Forex software, comes with an advanced charting package and 30+ technical indicators to support your trading decisions.

You can take full advantage of the platform’s features and get a well-rounded view of the markets.

Many clients get free access to a set of research tools.

You’ll receive audio market commentary covering all the major asset classes, insightful technical analysis reports and sophisticated chart-pattern recognition tools.

4. Trade on your mobile

Take MT4 with you wherever you go. Download the MT4 iOS app to trade on your iPhone and iPad or download MT4 for Android.

5. Manage multiple MT4 accounts with MetaTrader 4 MultiTerminal

Designed mainly for Money Managers, the MultiTerminal is a convenient solution for anyone wishing to trade on several MT4 accounts simultaneously.

The MultiTerminal offers you a variety of execution models that appeal to those seeking percentage allocation, predefined volumes and equity ratio.

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6. Profit on NDD ECN technology

Proprietary Non-Dealing Desk (NDD) ECN technology integrates directly with 16 liquidity providers such as global banks, funds and financial institutions and other ECNs making them compete anonymously to earn your business.

New technology gives you deeper liquidity, tighter spreads and faster execution.

Patience is a virtue in Online Trading

To the outsider, who sees images of trading floors on Bloomberg and other financial news networks, the idea of sitting behind multiple monitors in what can be a highly charged environment can seem to be a very exciting profession.

However, back to our analogy of the airline pilot, the only interesting bits are the take-off and landing.

The rest can be very mundane and boring especially on long trans-Atlantic and trans-Pacific flights.

Trading is similar to flying an airplane in that you can spend hours waiting for the trade set-up or the bit of market news data that will act as a catalyst for higher or lower prices.

In such an environment, boredom can become a trader’s enemy as it can push them into trading when no trade set-up is present.

To combat such scenarios, it is important to remember that a trader should only trade if pre-defined market conditions are met.

If necessary, to reinforce this thought process, read the trading plan and then do something else such as opening YouTube or Facebook or just simply go for a walk.

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